The Senator, who topped the poll in 2014, was elected in sixth position, receiving 12,068 votes.
He said that he was still considering running for a third term as Chief Minister, but would discuss the matter with his newly elected colleagues and will serve where he is wanted.
Senator Gorst said that the past three and a half years had been ‘very difficult’ for his government, which is why he believes his popularity had flagged, but he stressed that his ministerial team had secured significant successes for the Island, not least in balancing the books in a challenging economic climate.
‘I am the incumbent and the curse of the incumbent affected the result for me,’ he said.
‘I knew this was going to be a really difficult election because it has been a really difficult three and a half years for me and the government.
‘And if things are difficult, as the Chief Minister I am the person who they will consider to be responsible for that.
‘But I am delighted that enough people still want my talents to be put to use to serve in the States Assembly.’
The Senator said that whether he served another term in the top job was a matter for the States Assembly.
‘I will consider serving wherever the States Assembly want me to serve and I will be speaking to all the people who have been elected over the next few days.
‘I will talk to my colleagues to see where I can serve. We are facing challenges with Brexit and with the EU and with matters like that I will be able to hit the ground running.’